People's Bank Of China Is Running Without A Governor
Market Depth
00:00
The Chinese Communist Party's Decision to Boot Out Yggang
Two months ago he said that in FX markets markets will beat policymakers because they're better compensated and they're smarter. So if we can't get any like read or in accused out of the act of selection and appointment of acting governor Pahn then maybe we can get at least some idea or some color out of what the Chinese Communist Party is thinking in terms of monetary policy going forward via their decision to boot out Yggang seems to me that very simply China is ready and willing to pull out any and all weapons to move goalposts to rewrite rules.
Play episode from 36:34
Transcript
